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Publicly traded dealership groups turned in generally good results in the fourth quarter. Then U.S. corporate tax cuts pumped up those earnings -- often by a lot.
AutoNation is tapping its tax-change windfall to train associates to work with its brand extensions and on its partnership with Waymo.
AutoNation's fourth-quarter net income increased 31 percent, boosted by the federal tax bill and a strong performance in its F&I and service departments.
AutoNation no longer refuses to hire job applicants who test positive for marijuana in drug screenings, CEO Mike Jackson said.
After AutoNation decided to dedicate itself to fighting breast cancer, the mission has become visibly embedded in its culture and unmistakably linked to the company's brand.
AutoNation has developed relationships with cancer centers across the country and launched company policies to assist employees and their family members who are fighting cancer.
Last year, AutoNation's Mike Jackson warned of three red flags the industry should watch: inventories, incentives and leasing. In his eyes, how did we do?
Rising interest rates and tightening credit are reasons for concern, but shouldn't cause new-vehicle sales to tumble, speakers at the Automotive News World Congress said.
The auto industry can slash pollution and fatalities through production of electric and autonomous vehicles, said AutoNation CEO Mike Jackson.
AutoNation expects to save as much as $100 million in 2018 because of the tax overhaul. It will use much of its savings to invest in employee training and benefits.
AutoNation's Mike Jackson will help to set U.S. interest rates as chair of the Atlanta Fed's board, a term that began Jan. 1.
AutoNation CEO Mike Jackson has been named chair of the Federal Reserve Bank of Atlanta's board for a one-year term beginning Jan. 1.
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